Nomura Securities Upgrades Ctrip.com (CTRP) to Buy

Nomura Securities upgrades Ctrip.com International Ltd. ((Nasdaq: CTRP) from Neutral to Buy and with a $55 price target.

Ctrip.com International, Ltd., together with its subsidiaries, provides travel services for hotel accommodations, airline tickets, and packaged tours in the People's Republic of China.

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